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Cable Update (GBPUSD)

  • #741,661
  • Apr 18, 2023 8:47pm Apr 18, 2023 8:47pm
clear bearish H1...Longterm target 1.22 today
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  • #741,662
  • Apr 18, 2023 8:49pm Apr 18, 2023 8:49pm
Quoting Pat Chiko
{quote} GU Thanks Bro for sharing the insight. Thinking the same set up in 5 hours for the incoming UKCPI Here is my lucky "guess". Best Wishes & Trade the best. {image}
GU

Scalp to LQ zone.

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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #741,663
  • Apr 18, 2023 9:02pm Apr 18, 2023 9:02pm
Descending triangle as well in Daily Time Frame... I will just cancel my position if this pattern break, to break this pattern you need to have money in cash for 600 billions usd, unless you really rich or my analysys went wrong that against the market that this things could happen...

Have a nice trade, we are trader not gambler everythings are well calculated...
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  • #741,664
  • Apr 18, 2023 9:05pm Apr 18, 2023 9:05pm
Quoting Pat Chiko
{quote} GU Scalp to LQ zone. {image}
GU

Partial TP
Need the money to buy toy.

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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #741,665
  • Apr 18, 2023 9:08pm Apr 18, 2023 9:08pm
I think bullish
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  • #741,666
  • Apr 18, 2023 9:29pm Apr 18, 2023 9:29pm
Quoting navk
Around 1.2400, I intend to short. Probably, the price could test 1.2300 today. s2 is 1.2304
went into floating loss, but my averaging method helped me.

I closed all trades in good profit late in the NY session.

Today looking to Long candle day.

Took long around daily pivot.
Intraday only.
  • #741,667
  • Edited 10:48pm Apr 18, 2023 10:36pm | Edited 10:48pm
Quoting pipfarm
No trade for me on GBPUSD, i saw that it was moving into an upswing that is not a continuation , it might be corrective as D1 is down and 4H was moving up , or it could be the beginning of a new D1 Upswing , in that case there will longs to add later if we get a continuation pattern(correction) on H4 However have shorted USDCHF H4 as the upswing looks like a good short continuation pattern from D1, chart to follow
I have closed my USDCHF trade at -2 and - i day swap as i cannot justify holding another day with barely any movement.

As for GU , for me it still inconclusive which way it will go , so on the side lines today unless something changes after the Red news today to give a clearer direction.

Having said that , the daily is moving down against the weekly , we have a HH, and a HL bar on daily which when viewed on 4H it contains three waves up , so there is a high chance GU Will go down, so i think i will wait for the confirmation of the down swing on 4H and another HH ,HL correction and enter from 1H
Follow The Markets Structure - Patience and Discipline
  • #741,668
  • Apr 19, 2023 12:11am Apr 19, 2023 12:11am
As long as gu stays above 1.2410 I have to have a bullish bias for today
  • #741,669
  • Apr 19, 2023 12:19am Apr 19, 2023 12:19am
Quoting pipfarm
{quote} I have closed my USDCHF trade at -2 and - i day swap as i cannot justify holding another day with barely any movement. As for GU , for me it still inconclusive which way it will go , so on the side lines today unless something changes after the Red news today to give a clearer direction. Having said that , the daily is moving down against the weekly , we have a HH, and a HL bar on daily which when viewed on 4H it contains three waves up , so there is a high chance GU Will go down, so i think i will wait for the confirmation of the down swing...
It would have been nice to have a crystal ball and seen the GU move about 8 hrs into the trading day yesterday but I missed that and sat on my hands for the rest of the day too.
  • #741,670
  • Apr 19, 2023 12:19am Apr 19, 2023 12:19am
DX and GBP
for me it looks - buy usd

waiting for the results at 8.00 a.m. CPI
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Trendlines H1,H4, SMC
  • #741,671
  • Apr 19, 2023 12:53am Apr 19, 2023 12:53am
Quoting ScalaFX
Sell Gold 2010 SL 2020 TP 1985
closed 2000
People don't plan to lose. They lose because they don't plan.
  • #741,672
  • Apr 19, 2023 1:00am Apr 19, 2023 1:00am
price corrected over 2438 may constitute b wave to down c , so watching for a breakout at 2408 for a limit 2378 , breaks then previous low 2353 as confirmation for next target or confirmation 2274, while if 2378 respect the may a spike up before the fall. lets see how long the short may work perfect ! take care

a news time spikes up , ok better top clears!
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #741,673
  • Apr 19, 2023 1:04am Apr 19, 2023 1:04am
All green but I dont trust this numbers still holding my short of course protected at BE
People don't plan to lose. They lose because they don't plan.
  • #741,674
  • Apr 19, 2023 1:04am Apr 19, 2023 1:04am
good morning mister 26 pips spike 1m candle
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yes yes yes
  • #741,675
  • Apr 19, 2023 1:04am Apr 19, 2023 1:04am
Quoting Pat Chiko
{quote} GU Partial TP Need the money to buy toy. {image}
toy? Rolex?
Insane in the Brain..
  • #741,676
  • Apr 19, 2023 1:04am Apr 19, 2023 1:04am
Green day GBP but the charts need more convincing
Eyes on the past 2 days' tops.
Break resistance(s) mid 450s and I'm game!
  • #741,677
  • Apr 19, 2023 1:07am Apr 19, 2023 1:07am
Loaded shorts 2440 new
People don't plan to lose. They lose because they don't plan.
  • #741,678
  • Apr 19, 2023 1:08am Apr 19, 2023 1:08am
always wait for frankfort open
don't enter before that

yesterday
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day before yesterday
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yes yes yes
  • #741,679
  • Edited 1:22am Apr 19, 2023 1:10am | Edited 1:22am
Long in at 1.2433 22 pip sl edited sl
Don't trade what you think. Just what you see!!!
  • #741,680
  • Apr 19, 2023 1:11am Apr 19, 2023 1:11am
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yes yes yes
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